HATE it! or LOVE it!
It will be hitting Colorado October 1st 2013. So I thought I would share some quick info and the facts that make it easier to know what to do or not to do once the enrollment date arrives.
I went to many website and read up on tons of info on “ObamaCare” but wanted to know how it directly effects me and my family and if its actually going to help. So here are 2 short video that break down the need to know info and can help you make an educated decision. Enjoy!
1. The national changes and core facts:
2. The Colorado System – Connect for Health Colorado
Starting in October, Connect for Health Colorado will offer Coloradans a new and better way to shop for health insurance. Here’s what you can expect when we open in October:
- You can choose and enroll in a health plan anytime between October 2013 through March 2014 (after that, open enrollment will be yearly from October 15 to December 7)
- Your coverage begins as early as Jan. 1, 2014
- You cannot be turned down for coverage because of a pre-existing condition
- You will not be asked to provide your health history, other than whether you use tobacco or if you are pregnant.
- You can quickly browse prices and health plan benefits and get an estimate of your possible savings, based on income, before filling out an application for coverage and financial assistance.
- You can compare health plans and prices from multiple major insurers in an easy-to-understand way, side-by-side
- You can select medical plans that include dental benefits, or choose medical and dental plans separately
- We can help you determine if you or your family members are eligible for Medicaid or Child Health Plan Plus
- We are the only place where you can access new federal financial assistance, based on income, to reduce your costs
- You can select a plan based on your preferred medical provider, deductible or premium amount
- We can help you at any point in the process – in person, over the phone or by online chat
Facts from “Connect For Health Colorado” the official site for the state of Colorado
Connect for Health Colorado will be the only place where Coloradans can access new federal financial assistance, based on income, to reduce the cost of health insurance. Through our online marketplace, you will be able to see if you qualify for a new kind of tax credit to lower the cost of your premium and reduce co-pays and deductibles. The new kind of tax credit will generally be available to individuals earning between about $15,000 and $46,000 a year, couples earning between about $20,000 and $62,000 a year, and families of four earning between about $31,000 and $94,000 a year. If you qualify, you can use those benefits right away. This cost-saving program is for individuals, couples and families who need health insurance, are not eligible for public health coverage such as Medicare and Medicaid, and do not have access to affordable coverage through a large employer.
Tax credits for small employers also will be available through Connect for Health Colorado. If you have fewer than 25 employees, pay average annual wages below $50,000 and provide health insurance, you may qualify for a small business tax credit of up to 50 percent (35 percent for nonprofits) to offset the cost of premiums for your employees.
Let me know your thoughts and if this helped.